U.S. equity markets pricing in perfection so hold some gold – London Capital Group
U.S. equity markets are pricing in perfection when it comes to a potential economic recovery from a global economic meltdown. However, according to one market analyst that optimism could be misplaced as there is still a lot unknown about the virus.
In an interview with Kitco News, Jasper Lawler, head of research at the London Capital Group, said that markets are ignoring economic fundamentals and instead are being driven by the massive liquidity injections from the Federal Reserve and the U.S. Federal Government. He added that in this environment, it makes sense to hold some gold.
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દર 7 દિવસે તમામ ફેરિયા અને શાકભાજી વેચનારે સ્ક્રીનીંગ કરાવવું ફરજીયાત
સ્ક્રીનીંગ સાથે હેન્ડ ગ્લોઝ, સેનેટાઈઝર અને માસ્ક આપવામાં આવશે
Innovative attempt to prevent Corona from spreading from Super Spreader:
All the hawkers of the city will be given health screening and certificates
It is mandatory for all hawkers and vegetable sellers to be screened every 7 days
Hand gloves, sanitizers and masks will be provided along with the screening
AMC's important decision to stop the transition of corona, a big statement of the commissioner regarding hawkers
The total number of cases of Covid-19 in Gujarat has reached 5,428 with the highest number of 374 infected people found in the last 24 hours on Sunday evening. The total number of discharge cases in Gujarat has also increased to 1,042 in a single day, with the highest number of 146 patients receiving treatment and going home. Between the two figures, a total of 28 patients died in Ahmedabad on Sunday, two in Surat and one each in Anand, Vadodara and Gandhinagar. Thus, the number of deaths due to Corona virus epidemic in Gujarat has risen to 290. With this, Ahmedabad Municipal Corporation Commissioner Vijay Nehra gave information about Corona's condition in his bulletin.
Ahmedabad Municipal Commissioner Vijay Nehra said the case doubling rate in Ahmedabad has gone up to 12 days, while the growth rate of active cases has gone below 6 per cent. AMC has made an important decision today to prevent further transmission of corona. The hawkers will be screened every week. The hawkers will be screened and given a 7-day card. Will have to be screened again after 7 days. Feria has urged citizens not to shop if they are not wearing a mask.
Vijay Nehra further said that so far 222 Super Spreaders have come positive. A fine of Rs 9 lakh has been levied on those who do not wear masks. The third phase of the lockdown was significant, Nehra said. Shifa Hospital has got the approval of Kovid Care Center. So far, 11,651 super spreaders have been screened and 2,714 samples have been taken. Of these, 222 corona reports have come positive. With this super spreader, we have decided that the hawkers will be screened and given a card and those who do not have a card will not be allowed to trade.
The case doubling rate was doubling in 4 days till April 15 which started happening in 8 days on April 27-28. The growth rate of active cases also fell from 10 per cent to 8 per cent and is now 6 per cent, while the case doubling rate is now 12 days. This growth rate is to be reduced to zero per cent by the end of May.
If the number of cases increases at once, the health system cannot reach so it is very important to reduce the infection. On April 18, there were 250 cases, if there is a doubling rate of 4 days, there are 2000 cases daily and if there is a doubling rate of 8 days, there are 1000 cases per day but that is not the case.
Commissioner Vijay Nehra said a quantity of medicine was burnt at Khodiyar container depot. The city smelled of burning drugs at night. Which will be overcome in two to three days. The Gujarat Pollution Control Board (GPCB) had speculated that the stench was caused by a fire in a container depot at Khoraj village near Vaishnodevi Circle two days ago. The GPCB tweeted that the stench was caused by a fire at the Khoraj ICD depot. More information is being gathered.
DAILY NEWS UPDATE : 04-05-2020
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